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RE: The virtuous cycle of upvoting your comment section...

in #steemit7 years ago

It's crazy to think about, but I'm not sure that something like can be sustainable. It would be really awesome to earn ten bucks for a comment, but doesn't that sound a bit like a bubble?

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What is a bubble? Everybody has a different definition these days.

Well, you know the bubble by the burst, before it happens labeling it as such is bound to be speculation.

What I meant with this comment is that steem is one of those cryptocurrencies that have a clearly outlined utility and a bubble might be created when it's easy to get a simple activity overrewarded. $10 rewards for commenting might be just that, but who knows, the current rewards might also be viewed as too high already but they seem to be pretty stable. I guess we'll see how it goes and if STEEM can be stable at $10, that would be awesome for us who have become invested at much lower prices.